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VOL. 8 | NO. 23 | Saturday, May 30, 2015

Downtown Memphis Pioneer Gene Carlisle Dies

By Bill Dries

Print | Front Page | Email this story | Email reporter | Comments ()

Downtown developer Gene Carlisle has died.

CARLISLE

Word of Carlisle’s death came Friday, May 29. He was 72.

The Carlisle Corp. he founded operates restaurants including Wendy’s and LYFE Kitchen brands.

Carlisle was a pioneer in Downtown’s rebirth with the Beale Street Landing of the late 1970s and early 1980s on the southeast corner of Beale Street and Riverside Drive.

Carlisle was also the original redeveloper of the Beale Street Entertainment District between Second and Fourth streets, but bowed out to devote his attention to the development closer to the river.

The site of Beale Street Landing became the foundation for Carlisle’s most ambitious project, One Beale, a $150 million mixed-use project that would add two new Riverside towers to the Memphis skyline.

The project was a victim of the national recession that began in 2008. But Carlisle waited out the downturn and last year revived the project.

In the interim, he and his company became the lead developer of the renovation of the Chisca Hotel into apartments, which have started to be leased.

RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 105 193 8,028
MORTGAGES 120 239 9,024
FORECLOSURE NOTICES 0 5 1,133
BUILDING PERMITS 192 445 17,512
BANKRUPTCIES 27 69 5,228
BUSINESS LICENSES 25 60 3,442
UTILITY CONNECTIONS 0 30 2,298
MARRIAGE LICENSES 25 50 1,642